Vanguard Health Care Fund Technical Analysis
| VGHCX Fund | USD 202.44 0.79 0.39% |
As of the 16th of April 2024, Vanguard Health has the Coefficient Of Variation of (1,715), variance of 0.7327, and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vanguard Health Care, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down thirteen technical drivers for Vanguard Health Care, which can be compared to its competition. Please validate Vanguard Health Care market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Vanguard Health is priced more or less accurately, providing market reflects its prevalent price of 202.44 per share.
Vanguard Health Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vanguard, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanguardVanguard |
Vanguard Health technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Vanguard Health Care Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Vanguard Health Care volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vanguard Health Care Trend Analysis
Use this graph to draw trend lines for Vanguard Health Care. You can use it to identify possible trend reversals for Vanguard Health as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Vanguard Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vanguard Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vanguard Health Care applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Vanguard Health Care will continue generating value for investors. It has 122 observation points and a regression sum of squares at 60.12, which is the sum of squared deviations for the predicted Vanguard Health price change compared to its average price change.About Vanguard Health Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Vanguard Health Care on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Vanguard Health Care based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Vanguard Health Care price pattern first instead of the macroeconomic environment surrounding Vanguard Health Care. By analyzing Vanguard Health's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Vanguard Health's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Vanguard Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vanguard Health April 16, 2024 Technical Indicators
Most technical analysis of Vanguard help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Vanguard from various momentum indicators to cycle indicators. When you analyze Vanguard charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 0.6133 | |||
| Coefficient Of Variation | (1,715) | |||
| Standard Deviation | 0.856 | |||
| Variance | 0.7327 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.24 | |||
| Skewness | (0.22) | |||
| Kurtosis | 2.42 |
Vanguard Health Care One Year Return
Based on the recorded statements, Vanguard Health Care has an One Year Return of 2.6026%. This is 57.05% lower than that of the Vanguard family and significantly higher than that of the Health category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Health Care. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Vanguard Health Care information on this page should be used as a complementary analysis to other Vanguard Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..